This report takes stock of discussions held between academics and country practitioners
during a series of seminars organised in 2017 by the OECD and the European Commission
that focused on opportunities to improve the design and delivery of regional development
policies. What can governments do to enhance economic development in regions and cities
? What lessons can be drawn from theory and practice to ensure public spending and
investments contribute to regional development as effectively as possible ? At a time
of increasing pressure on public finances it is paramount to enhance the effectiveness
of regional policy governance instruments to add value to public spending and investment.
Bringing together frontier economic theory and country practices regarding performance
frameworks, financial instruments, policy conditionalities, contractual arrangements
and behavioural insights in regional policy, this report identifies cross-cutting
lessons to help policy-makers manage common trade-offs when designing public expenditure
and investment programmes for the development of regions and cities.
The OECD and the European Commission Directorate-General for Regional and Urban Policylaunched the report “Rethinking Regional Development Policy-making” on 19 March 2018 in Brussels. The launch event provided the opportunity to discuss the recommendations of the report with representatives of the EU institutions, experts from Member States and other OECD countries and academics.
EC-OECD Seminar Series on Designing better economic development policies for regions and cities
In 2017, the OECD and the European Union organised a series of seminars at the OECD Headquarters in the context of an EC-OECD project “Designing better economic development policies for regions and cities”.
The outcome of the project supports the design and implementation of policies that are adapted to the relevant territorial scales or geographies, and that focus on the main factors that sustain the competitive advantages of regions and cities. The seminars also support the Directorate-General for Regional and Urban Policy (DG REGIO) of the European Commission in the preparation of the impact assessment for the post-2020 legislative proposals and to support broader discussion with stakeholders on the future direction of the delivery mechanisms of regional policy
The final report Rethinking Regional Development Policy-making takes stock of discussions between academics and practitioners during these seminars.
23 January 2017: Seminar on “Multi-level governance for regional economic development”